Eni USA Gas Marketing and Barclays Capital have entered into a multi-year LNG supply, marketing and optimisation arrangement.
Eni USA has significant capacity and storage rights at the Cameron LNG Terminal in Hackberry, Louisiana, and under the arrangement Barclays Capital will market gas supplied through this capacity for delivery downstream.
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Barclays will also have the right to supply LNG to Eni at Cameron.
Barclays Capital has been active in the physical US natural gas markets since 2004 and has substantial expertise in optimisation and price risk management.
